Valmie (VMRI) Secures Permission to Fly Commercial Drones Under Section 333 Exemption

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/UCW/ HOUSTON, TX – Valmie Resources Inc (OTCBB: VMRI) VMRI: 0.0250 -0.0150 (-37.50%)┬áhas received a sought-after 333 Exemption to operate unmanned aircraft systems (UAS) and conduct aerial data collection such as aerial based agricultural applications, search and rescue operations, power line and pipeline inspections, infrastructure surveying, and aerial imaging. The aircraft covered under this exemption and granted permission to fly in the national airspace are the company’s Vertitek V1-X8a and Vertitek V2-H6a.

“Securing the authorization to fly in the national airspace has been a goal for Valmie as we pursue company growth and collaboration with similar-minded businesses,” says Gerald B. Hammack, President and CEO of Valmie Resources. “This opportunity will allow us to demonstrate our technology and provide a safe means to remain on the cutting edge of industry advances.”

Section 333 of the FAA Modernization and Reform Act of 2012 grants the Secretary of Transportation the authority to determine whether an airworthiness certificate is required for a UAS to operate safely in the National Airspace System. This authority is being leveraged to grant case-by-case authorization for certain unmanned aircraft to perform commercial operations prior to the finalization of the Small UAS Rule, which will be the primary method for authorizing small UAS operations once it is complete. Until the finalization of the Small UAS Rule, companies can apply for exemption by submitting a detailed petition.

For further information visit http://valmie.com.

Forward-Looking Statements

Certain information provided in this press release constitutes forward-looking statements. The words “anticipate,” “expect,” “project,” “estimate,” “forecast” and similar expressions are intended to identify such forward-looking statements. The reader is cautioned that assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be incorrect. Actual results achieved during the forecast period will vary from the information provided herein as a result of numerous known and unknown risks and uncertainties and other factors. You can find a discussion of those risks and uncertainties in our EDGAR securities filings with the Securities and Exchange Commission. Such factors include, but are not limited to: general economic, market and business conditions; fluctuations in the technology market; the results of product development and the result of our efforts to develop strategic relationships, partnerships and potential acquisitions that are in line with our business model; outcome of partnership negotiations; the uncertainty of market estimates; changes in environmental and other regulations; risks associated with retail operations; and other factors, many of which are beyond the control of the Company. There is no representation by Valmie Resources that actual results achieved during the forecast period will be the same in whole or in part as those forecast. Except as may be required by applicable securities laws, Valmie Resources assumes no obligation to publicly update or revise any forward-looking statements made herein or otherwise, whether as a result of new information, future events or otherwise.

 

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